PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1490286
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1490286
Blowers Market size was valued at USD 3,915.2 Million in 2023, expanding at a CAGR of 5.00% from 2024 to 2032.
Blowers are commonly employed in industrial buildings and enclosed structures to combine air movement into air handling equipment and heating, ventilation, and air conditioning (HVAC) devices. Centrifugal blowers are used for a variety of purposes, including combustion air supply, cooling and drying systems, dust control systems, and air conveyor systems. Because of their many benefits, air blowers are utilized in a wide range of applications. Air blowers are used for several purposes, including ventilation, paint shops, boilers, and hotel kitchen exhausts. This will most certainly raise the demand for air blowers.
Blowers Market- Market Dynamics
Rapid Industrialization in Emerging Economies and Advanced Thermal Technology Drive High Demand for Blower Market Growth
Rapid industrialization and increased manufacturing activity in emerging economies have resulted in high demand for the blower market. Additionally, numerous industries have made air and gas movement, filtration, and cleaning an integral part of their manufacturing processes, which is affecting market growth. In addition, advances in thermal technology, combined with rising consumer demand for higher power, smaller sizes, and better performance applications, have raised demand for hotspot cooling blowers that match customer needs. For instance, BOYD Corporation has introduced customized blowers with unique ducting and airflow management, heat pipes, and vapor chambers that, when combined with its cooling system, produce optimal blowers for end customers; such elements are projected to drive the market.
Blowers Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 5.00% over the forecast period (2024-2032)
Based on product type segmentation, Centrifugal Blowers was the leading type in 2023
Based on Pressure segmentation, Up to 15 psi held the most market share in 2023.
Based on End-Use Industry segmentation, Water & wastewater treatment was the leading type in 2023
On the basis of region, Asia Pacific was the leading revenue generator in 2023
The Global Blowers Market is segmented on the basis of Product Type, Pressure, End-Use Industry, Distribution Channel, and Region.
The market is divided into four categories based on product type: Positive Displacement Blowers, Centrifugal Blowers, High-speed Turbo Blowers, and Regenerative Blowers. The centrifugal category dominated the market. Centrifugal blowers are widely utilized because of their simple mechanism. Centrifugal blowers available in both single and multi-stage versions. It is essentially made up of several blade orientations that are either directly coupled to drive motors or powered by electric motors via a belt and sheave system.
The market is divided into two categories based on Pressure: Up to 15 psi, 15-20 psi, and Above 20 psi. Up to 15 psi held the biggest market share in 2023 and is predicted to maintain its dominance during the forecast period due to its low pressure, which is suitable for high-flow volume applications. Furthermore, demand for these low-pressure blowers is expanding in a variety of end-use sectors, including gas treatment, dust collection, conveyance, and aeration, driving market expansion.
Blowers Market- Geographical Insights
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business. During the projection period, Asia Pacific is expected to hold the largest market share in the air blower industry. This is due to the increased usage of air blowers in a range of industries, including pharmaceuticals, chemicals, and petrochemicals, as well as the rapidly expanding food and beverage sector as a result of population growth. Rapid urbanization and industrialization in emerging markets such as India and China are expected to drive market expansion significantly.
North America is becoming the fastest-growing region because of various factors. The key drivers are the strong industrial infrastructure, technological advancements, and increasing demand for HVAC structures in both commercial and residential sectors in the region. Furthermore, strict regulations promoting eco-friendly solutions and the integration of advanced technologies such as smart blowers drive the growth of the market. The acknowledgment of sustainable practices and the involvement of key market players in research and development also speed up the expansion of the blower market in North America.
Mitsubishi Hitachi Power Systems, Ltd (Woodmead Sandton, Johannesburg, South Africa), Cheston, Makita Corporation (Japan), SKIL Power Tools (Breda, Netherlands), and Leister AG (canton Obwalden, Switzerland) are among the major blower manufacturers concentrating on product research and development. Companies are focusing on increasing their geographical reach to remain competitive and cater to a big customer base. Furthermore, numerous manufacturers intend to buy or collaborate with small-scale businesses to get a competitive advantage in the worldwide market. These are the primary techniques used by blower manufacturers to increase their revenue share.
In February 2022, Ingersoll Rand entirely bought the Tuthill Vacuum and Blower System and enhanced the blower design to produce better displacement blowers, vacuum boosters, and mechanical vacuum pumps.
GLOBAL BLOWERS MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
Bosch Limited (Gerlingen, Germany)
Mitsubishi Hitachi Power Systems, Ltd (Woodmead Sandton, Johannesburg South Africa)
Cheston, Makita Corporation (Japan)
SKIL Power Tools (Breda, Netherlands)
Leister AG (canton Obwalden, Switzerland)
Everest Blowers Private Limited (New Delhi, India)
Airvac Industries Pvt. Ltd (Mumbai, India)
Illinois blower, Inc. (Greater Chicago Area, Great Lakes, Midwestern US)
Kawasaki Heavy Industries, Ltd (Tokyo, Japan)
General Electric Company (Boston, United States)
Tuthill Corporation (Burr Ridge, Illinois, United States)
Gardner Denver Inc. (Davidson, North Carolina, United States)
Others